Plan Ledger DOL Form 5500 · updated monthly

Ball Healthcare Services, Inc.401(k)

BALL HEALTHCARE SERVICES, INC. 401(K) RETIREMENT PLAN · MOBILE, AL · plan year 2024

Reported admin expense ratio · 2024
0.24%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Ball Healthcare Services, Inc. reported $41,446 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $914 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.21% to 0.24%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 317th-largest of 902 plans among Alabama employers on file, and the 3,908th of 11,911 in health care & social assistance. In 2024, employees put in $1.79 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,375,878
Participants with balances430
Active participants761
Employer contributions$695,292
Employee contributions$1,246,803
Employer contribution per active participant$914
Average account balance$42,735
Benefits paid to participants$1,892,769
Plan auditUnmodified (clean) audit opinion
AuditorCARR, RIGGS & INGRAM, L. L. C.
Plan history3
Yearassets · accounts · employer contribution
2024$18.4M · 430 accts · $695K emplr
2023$16.8M · 458 accts · $779K emplr
2022$15.0M · 457 accts · $774K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,446
Total administrative$41,446
The Ball Healthcare Services, Inc. 401(k) match · 2024
Employer contribution per active participant$914
Median for plans this size$2,416
2024$914 per active participant
2023$1,072 per active participant
2022$1,008 per active participant

Ball Healthcare Services, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$41,445
PRINCIPAL SECURITIES INC · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$41,446 · 0.24%
2023$37,130 · 0.23%
2022$35,209 · 0.21%
Similar plansHealth Care & Social Assistance · Alabama
Cullman Primary Care, P.C. AL$19.9M · 0.44%
Birmingham Heart Clinic, PC AL$19.4M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 630979995 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.